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Commercial Food Refrigeration Equipment Market Size

  • Report ID: GMI7443
  • Published Date: Nov 2023
  • Report Format: PDF

Commercial Food Refrigeration Equipment Market Size

Commercial Food Refrigeration Equipment Market size was valued at around USD 35.34 billion in 2022 and is projected to grow at a CAGR of over 5.3% between 2023 and 2032.

 

Commercial Food Refrigeration Equipment Market

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The factors attributed to drive the industry are growing demand of frozen food, increasing no. of retail outlet, and increasing Globalization and Cold Chain Logistics.

 

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Commercial Food Refrigeration Equipment market was valued at around USD 35.34 billion in 2022 and is estimated to reach USD 58.50 billion by 2032, attributed to the growing demand of frozen food, increasing no. of retail outlet, and increasing globalization and cold chain logistics.

In 2022, self-contained refrigeration systems accounted for the largest share at 75.3% in the commercial food refrigeration equipment category as these systems offer a compact, all-in-one solution and are particularly favoured for their ease of installation and suitability for smaller establishments.

North American market, led by the U.S. will record a robust CAGR through 2032, due to the well-established food service industry, stringent regulations, and a robust demand for food safety compliance.

Fujimark Corporation, GEA Group AG, Hussmann Corporation, Johnson Controls International Plc., United Technologies Corporation, Liebherr Group, Epta Corporation, Ugur Sogutma Makinalari Sanayi, Carrier Corporation, and Hoshizaki among others.

Commercial Food Refrigeration Equipment Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 222
  • Countries covered: 22
  • Pages: 150
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